Merck & Company Inc (MRK)
Pretax margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 19,920,000 | 13,705,000 | 15,234,000 | 3,896,000 | 1,877,000 | 7,435,000 | 5,398,000 | 15,218,000 | 16,436,000 | 16,767,000 | 18,451,000 | 16,017,000 | 14,570,000 | 8,702,000 | 6,761,000 | 8,111,000 | 8,532,000 | 13,219,000 | 12,239,000 | 12,126,000 |
| Revenue (ttm) | US$ in thousands | 64,168,000 | 63,174,000 | 62,479,000 | 61,402,000 | 60,114,000 | 59,314,000 | 58,311,000 | 57,869,000 | 59,283,000 | 58,974,000 | 57,169,000 | 53,978,000 | 48,704,000 | 46,131,000 | 43,906,000 | 41,857,000 | 43,287,000 | 36,488,000 | 37,956,000 | 40,363,000 |
| Pretax margin | 31.04% | 21.69% | 24.38% | 6.35% | 3.12% | 12.53% | 9.26% | 26.30% | 27.72% | 28.43% | 32.27% | 29.67% | 29.92% | 18.86% | 15.40% | 19.38% | 19.71% | 36.23% | 32.25% | 30.04% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $19,920,000K ÷ $64,168,000K
= 31.04%
The pretax margin of Merck & Company Inc has displayed fluctuations over the period from March 31, 2020, to December 31, 2024. Initially starting at 30.04% in March 2020, the pretax margin increased to its peak at 36.23% by September 30, 2020. However, by December 31, 2020, there was a significant decline to 19.71%.
Throughout 2021 and the first half of 2022, the pretax margin remained relatively stable, hovering around the mid to high 20% range. There was a notable decrease to 9.26% by June 30, 2023, before a slight recovery to 24.38% by June 30, 2024.
In the latter part of 2024, the pretax margin for Merck & Company Inc rose to 31.04% by December 31, 2024. Overall, the pretax margin trend of the company reflects periods of both growth and decline, indicating fluctuations in profitability before a recent improvement towards the end of 2024.
Peer comparison
Dec 31, 2024